R&D ELECTRIC INC

PPP loan information & details

Business Information

Historical loan information does not establish current debt or wrongdoing. Missing values are shown as “Not reported”; recorded zeros remain zero. SBA source and field definitions.

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Business R&D ELECTRIC INC
Business Type Corporation
Business Category Electrical Contractors and Other Wiring Installation Contractors
Business Address 115 Melvin
GRASONVILLE MD 21638-1254
Jobs Retained 11
Loan Amount $124,900
Forgiveness Amount $126,016

Amount recorded as forgiven in the source. Do not subtract it from the approved amount to infer a current balance.

Loan Status Paid in Full

The source records this loan as paid in full. This status alone does not distinguish repayment from forgiveness.

Status date: Apr 8, 2021

Date Approved 04/10/2020
Lender The Queenstown Bank of Maryland
7101 Main St
QUEENSTOWN MD 21658-1223
Ethnicity Owned Unanswered
Gender of Owner Male Owned
Is Owner a Veteran? Unanswered